Overview
Cushman & Wakefield is pleased to present the opportunity to acquire 133 Kearny Street, a boutique multi-tenant office and retail asset in San Francisco, California. Strategically positioned one block from Montgomery Street BART Station and surrounded by the City's premier business, retail, and hospitality destinations, the Property offers stable in-place cash flow supported by a diversified tenant roster and exceptional transit accessibility. Comprising ±30,188 square feet and 91.1% occupied, 133 Kearny has been actively maintained and improved and continues to attract and retain tenants.
133 Kearny Street offers investors a unique combination of current income, occupancy stability, and future upside in one of San Francisco's most recognizable and transit-oriented business districts. Opportunities remain to enhance value through strategic capital deployment and continued rent growth as downtown leasing fundamentals strengthen.
Investment Highlights
PREMIER DOWNTOWN SAN FRANCISCO LOCATION
- Located at the intersection of Union Square and the Financial District along the highly trafficked Kearny Street corridor.
- One block from Montgomery Street BART Station, steps from multiple MUNI lines.
- Exceptional Walk and Transit Score of 100.
STABLE CASH FLOW
- 91.1% occupied with $799,854 in-place annual NOI supported by a broad mix of tenant uses.
- Weighted average remaining lease term of ±4.2 years.
- Staggered lease expirations help mitigate rollover risk and support consistent cash flow.
- Recently executed STUF self-storage lease activates 5,183 SF of lower-level space, creating a long-term income stream with additional percentage-rent upside.
DIVERSE & ESTABLISHED TENANT ROSTER
- Retail frontage fully leased by FedEx Office, Drybar, and Rooster & Rice complements a diverse mix of professional services, dental, wellness, technology, and consumer-service tenants in the building, supporting a stable cash flow and reducing income concentration risk.
WELL-MAINTAINED ASSET, ATTRACTS & RETAINS TENANTS
- Originally constructed in 1909 and thoughtfully updated over time, 133 Kearny blends historic San Francisco character with the functionality demanded by today’s tenants.
- High ceilings, operable windows, and abundant natural light create an attractive workplace environment.
- Flexible small-bay floor plates continue to attract a diverse range of office users.
- Modernized building systems support long-term functionality.
COMPELLING VALUE ENHANCEMENT
- Approximately 1,920 SF of vacancy offers near-term lease-up potential.
- Existing office rents provide future mark-to-market opportunities as leases roll.
- Positioned to benefit from improving leasing activity and tenant demand across San Francisco.
Property Summary
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